[This unedited press release is made available courtesy of Gamasutra and its partnership with notable game PR-related resource GamesPress.]

(Redwood City, CA) May 19, 2014 – Today, Perfect World
Entertainment, Inc. and Cryptic Studios are pleased to announce
that
Neverwinter: Tyranny of Dragons will launch on August 14, 2014
.Tyranny of Dragons is the fourth module for the widely-acclaimed
free-to-play action MMORPG
Neverwinter, set in the
Dungeons & DragonsForgotten Realms universe from Wizards of the
Coast, and is featured as the premier
Tyranny of Dragons interactive digital experience.

The
Dungeons & Dragons Forgotten Realms universe
is beloved by tabletop players everywhere, and
Neverwinter: Tyranny of Dragons will provide players with a compelling and vibrant
Dungeons & Dragons experience, bridging
characters and narrative between the MMO and tabletop game through
the
Tyranny of Dragons storyline.

“This is a pivotal year for Dungeons & Dragons and we
are thrilled to have Perfect World and Cryptic on board to make
Neverwinter a key part of the D&D experience as we transition
to the future,” said Nathan Stewart, Dungeons & Dragons
Brand Director. “The new Tyranny of Dragons module is just
the beginning of us bringing our new serialized entertainment to
the fans of both tabletop and digital games.”

Currently on its third module,
Neverwinter:Curse of Icewind Dale, Neverwinter has grown its playerbase and continues to create
authentic D&D narratives and gameplay experiences since its
launch in Summer 2013, and continues to grow with the
Dungeons & Dragons franchise.

Neverwinter is an action MMORPG that features fast-paced combat and
epic dungeons. Players explore the vast city of
Neverwinter and its surrounding countryside, learning the vivid
history of the iconic city and battling its many enemies. In
Neverwinter, players can create their own quests and campaigns with
the Foundry, a powerful content creation tool that allows players
to seamlessly integrate their adventures in to the live game
world.

Perfect World Entertainment is a leading North American online
games publisher specializing in immersive free-to-play MMORPGs.
Founded in 2008, Perfect World Entertainment has published a number
of popular titles, including
Blacklight Retribution,
Forsaken World,
Perfect World International and
Star Trek Online. The company works closely with its
American development teams and partners such as Cryptic Studios,
developer of the highly acclaimed MMORPG
Dungeons & DragonsNeverwinter, and Runic Games, developer of the hit
Torchlight series, to provide unparalleled quality of
service and game experiences to its players. A subsidiary of
Perfect World Co., Ltd. (NASDAQ: PWRD), Perfect World Entertainment
is headquartered in Silicon Valley, California. For more
information, please visit:
www.perfectworld.com

ABOUT CRYPTIC STUDIOS, INC.

Cryptic Studios, Inc. is a leading developer of online games
committed to delivering the next level of gameplay. Cryptic
Studios, Inc. develops AAA titles for PC and is rapidly
diversifying its portfolio of games to expand beyond the
traditional MMORPG genre. Its successfully launched titles include
"Champions Online: Free for All," "Star Trek Online" and "Dungeons
& Dragons: Neverwinter." Cryptic Studios, Inc., a subsidiary of
Perfect World Co., Ltd. (NASDAQ: PWRD), is located in Los Gatos,
CA.

ABOUT WIZARDS OF THE COAST

Wizards of the Coast LLC, a subsidiary of Hasbro, Inc.
(NASDAQ:HAS), is the leader in entertaining the lifestyle gamer.
Wizards' players and fans are members of a global community bound
together by their love of both digital gaming and in-person play.
The company brings to market a range of gaming experiences under
powerful brand names such as MAGIC: THE GATHERING, DUNGEONS &
DRAGONS, and KAIJUDO. Wizards is also a publisher of fantasy series
fiction with numerous
New York Times best-sellers. For more information about
our world renowned brands, visit the Wizards of the Coast Web site
at
www.wizards.com.

Dungeons & Dragons, Neverwinter, their respective logos,
Forgotten Realms, and Magic: The Gathering are trademarks of
Wizards of the Coast LLC in the U.S.A. and other countries. All
rights reserved. Kaijudo is a trademark of Wizards of the
Coast/Shogakukan/Mitsui-Kids.